Sparton Corp (SPA) financial statements (2021 and earlier)

Company profile

Business Address 425 N. MARTINGALE ROAD
SCHAUMBURG, IL 60173
State of Incorp. OH
Fiscal Year End June 30
SIC 3672 - Printed Circuit Boards (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

6/30/2018
6/30/2017
6/30/2016
6/30/2015
6/30/2014
6/30/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1101586
Cash and cash equivalents1101586
Receivables654547714950
Inventory, net of allowances, customer advances and progress billings726078724546
Inventory726078805346
Progress payments netted against inventory for long-term contracts or programs   (7)(8)
Prepaid expense and other current assets2
Deferred tax assets  5543
Other undisclosed current assets4411311 
Total current assets:142110131176117107
Noncurrent Assets
Property, plant and equipment333433332929
Long-term investments and receivables   1  
Long-term investments   1  
Intangible assets, net (including goodwill)3441501204825
Goodwill131313742815
Intangible assets, net (excluding goodwill)212837462011
Deferred costs   220
Other noncurrent assets56774
Prepaid expense and other noncurrent assets1
Defined benefit plan, assets for plan benefits   0 
Deferred tax assets, net   214
Other undisclosed noncurrent assets182526(3)(2)(0)
Total noncurrent assets:901071151628259
TOTAL ASSETS:232217246338199166
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities515161553526
Accounts payable292838301720
Accrued liabilities1112121611 
Employee-related liabilities111111986
Debt000 10
Estimated litigation liability6     
Accrued environmental loss contingencies111111
Billings in excess of cost42 2322
Other undisclosed current liabilities610118
Total current liabilities:675462594156
Noncurrent Liabilities
Long-term debt and lease obligation850981554011
Long-term debt, excluding current maturities85 971554011
Capital lease obligations 00   
Liabilities, other than long-term debt767883
Pension and other postretirement defined benefit plans, liabilities 0
Liability, pension and other postretirement and postemployment benefits1110
Accrued environmental loss contingencies556783
Other liabilities1     
Other undisclosed noncurrent liabilities 75    
Total noncurrent liabilities:91811051624814
Total liabilities:1581351672218970
Stockholders' equity
Stockholders' equity attributable to parent74827911711096
Common stock121212121313
Additional paid in capital181816161919
Accumulated other comprehensive loss(1)(1)(2)(1)(1)(1)
Retained earnings455352907966
Total stockholders' equity:74827911711096
TOTAL LIABILITIES AND EQUITY:232217246338199166

Income statement (P&L) ($ in millions)

6/30/2018
6/30/2017
6/30/2016
6/30/2015
6/30/2014
6/30/2013
Revenues
(Revenue, Net)
375398419382336266
Cost of revenue
(Cost of Goods and Services Sold)
(296)(326)(339)(308)(272)(221)
Other undisclosed gross profit   111
Gross profit:797280756446
Operating expenses(70)(64)(132)(57)(45)(29)
Operating income (loss):108(52)172016
Nonoperating income (expense)(6)(4)(4)(2)(0)0
Investment income, nonoperating   000
Other nonoperating income (expense)(0)00011
Interest and debt expense(6)(4)(4)(2)(1)(1)
Other undisclosed income from continuing operations before equity method investments, income taxes6     
Income (loss) from continuing operations before equity method investments, income taxes:3(1)(59)121916
Other undisclosed income from continuing operations before income taxes 44211
Income (loss) from continuing operations before income taxes:33(55)152016
Income tax expense (benefit)(11)(2)17(4)(7)(3)
Net income (loss) attributable to parent:(8)1(38)111314
Preferred stock dividends and other adjustments (0) (0)  
Net income (loss) available to common stockholders, diluted:(8)1(38)111314

Comprehensive Income ($ in millions)

6/30/2018
6/30/2017
6/30/2016
6/30/2015
6/30/2014
6/30/2013
Net income (loss):(8)1(38)111314
Other comprehensive income (loss)00(1)(1)1 
Comprehensive income (loss):(8)2(39)101414
Other undisclosed comprehensive income (loss), net of tax, attributable to parent0(0)10(0)0
Comprehensive income (loss), net of tax, attributable to parent:(8)2(39)111314

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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